NNN REIT (NNN) Q2 Revenue Tops 4.6%

NNN REIT (NYSE:NNN), a real estate investment trust specializing in single-tenant retail properties under long-term triple-net leases, announced second quarter fiscal 2025 results on August 5, 2025. GAAP revenue of $226.8 million surpassed estimates by $3.2 million. GAAP earnings per share declined 6.9% to $0.54. The overall assessment points to operational stability and continued portfolio growth, though Occupancy slipped year over year and real estate expenses climbed. Source: Analyst estimates provided by FactSet. Management expectations based on management's guidance, as provided in Q1 2025 earnings report. NNN REIT operates a portfolio of single-tenant retail properties across the United States, primarily leased under triple-net arrangements. In this structure, tenants are responsible for most property-related expenses including taxes, insurance, and maintenance. This approach offers predictable rental income and lower ongoing costs for the company.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool